Wall Street anticipates future carbon regulations.
The New York Times had an article about the anticipated effects of impending federal carbon emission regulations on big energy companies. Since all three remaining presidential candidates support emission regulations, such controls are assumed to be inevitable. Consequently, Wall Street has begun compiling data on which power companies are likely to excel and which are likely to fail under this regulatory scheme.
Interestingly, nuclear power plants are expected to benefit greatly from these controls, since their primary waste is solid instead of gaseous. Additionally, since natural gas plants emit 40% less carbon dioxide than coal, they too will likely benefit.
According to the article, the consulting firm Innovest rates the following energy companies as the most likely to succeed under a carbon regulatory regime: FPL Group, PG&E, and Con-Ed. The least likely to succeed, due to their minimal attempts to reduce emissions, are: Allegheny Energy, the Southern Company, the Ameren Corporation and the Scana Corporation.
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